3 Stocks to Buy According to Dan Juran’s Rings Capital

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In this article, we discuss the 3 stocks to buy according to Dan Juran’s Rings Capital. If you want to read our detailed analysis of Juran’s history and hedge fund performance, go directly to the 6 Stocks to Buy According to Dan Juran’s Rings Capital.

3. Microsoft Corporation (NASDAQ:MSFT)

Juran’s Stake Value: $23 million

Microsoft Corporation (NASDAQ:MSFT) is a tech corporation that is famed for the production of computers, computer software, consumer electronics, and other services.

As of the end of the third quarter of 2021, Juran’s Rings Capital Management owns a stake worth $23 million in Microsoft Corporation (NASDAQ:MSFT).

Baron Opportunity Fund, in its second-quarter 2021 investor letter, mentioned that Microsoft Corporation (NASDAQ:MSFT) is well-positioned for continued solid growth and profitability. Here is what the fund said:

“Shares of Microsoft Corporation, a cloud-software leader and provider of software productivity tools and infrastructure, rose during the quarter following a strong earnings report highlighting solid demand for its broad product stack and continued momentum migrating its business to the cloud. Microsoft was a top contributor in the period because it trades at reasonable free cash flow and earnings valuations, has cloud and digital transformation tailwinds at its back, reported a solid March quarter, and beat Street expectations by a wide margin. Microsoft’s results continued to be strong across the board, with Azure cloud computing revenues up 46% in constantcurrency (“cc”) terms and commercial cloud bookings growth of 38% cc, the best in years. Microsoft also reported robust profitability growth, with operating income expanding 31% and GAAP earnings up 45%. We believe the company is well positioned for continued solid growth and profitability through market share gains as more companies look to transform and digitize their businesses as they move operations to the cloud.”

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